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Would Free Market Even Work for Health Insurance?

"Health insurance," writes John Cochrane. "Should be individual, portable across jobs, states and providers; lifelong and guaranteed-renewable, meaning you have the right to continue with no unexpected increase in premiums if you get sick."

Jan. 5, 2014 1:05 p.m. ET

Reading the article "What to Do When ObamaCare Unravels" (op-ed, Dec. 26) by John H. Cochrane felt like listening to "Ode to Joy" by Beethoven. This article is indeed an ode to the free market, and up to a point I enjoyed it immensely. I have some down-to-earth comments.

What to do with the employer-based health-insurance groups? There are historical reasons for the fact that so many Americans get health coverage from their employers: During World War II employers could not raise federally frozen wages...